Suda told investors this morning it had signed an exclusive development, licence and supply agreement with Strides Pharma to develop and commercialise Suda’s SUD-001H, which is an oral spray of sumatriptan to treat migraine headaches for the US market.

Explorer Hexagon Resources (ASX:HXG) has locked in a joint venture deal which could see its McIntosh graphite project in Western Australia funded through to production within three years.

Hexagon shares rallied as much as 14 per cent to an intraday high of 16c on the news — which essentially de-risked an agreement signed between the explorer and lithium and iron ore miner MinRes (ASX:MIN) in March.

Here are the best performing ASX small cap stocks at 12.15pm Thursday November 8:

Swipe or scroll to reveal the full table. Click headings to sort

ASX code

Company

Price change today (12.15pm)

Price (12.15pm)

Volume

Market Cap

EGY

ENERGY TECHNOLOG

3.5

0.009

4M

696.5k

TKM

TREK METALS

0.8

0.018

270k

3.1M

WGL

WANGLE TECHNOLOG

0.5

0.003

4M

5.2M

WBE

WHITEBARK ENERGY

0.5

0.003

587k

3.9M

THD

THRED

0.5

0.003

2M

4.5M

PCL

PANCONTINENTAL

0.5

0.003

2M

13.5M

DDT

DATADOT TECHNOLO

0.5

0.003

376k

2.0M

SUD

SUDA PHARMACEUTI

0.4

0.007

198M

12.9M

SMI

SANTANA MINERALS

0.33

0.008

481k

3.4M

EPM

ECLIPSE METALS L

0.33

0.004

8M

3.4M

BAS

BASS OIL

0.33

0.004

1M

7.8M

ARO

ASTRO RESOURCES

0.33

0.004

167k

2.7M

AUR

AURIS MINERALS L

0.25

0.05

188k

16.3M

ZMI

ZINC OF IRELAND

0.25

0.005

696k

7.8M

ESH

ESPORTS MOGUL AS

0.22

0.028

7M

29.2M

TSC

TWENTY SEVEN CO

0.2

0.006

500k

4.5M

TMX

TERRAIN MINERALS

0.2

0.006

354k

3.2M

ELT

ELEMENTOS

0.2

0.006

3M

7.4M

WHK

WHITEHAWK

0.2

0.091

473k

6.8M

CAI

CALIDUS RESOURCE

0.17

0.034

390k

41.1M

PM1

PURE MINERALS

0.17

0.014

42k

3.8M

NCR

NUCOAL RESOURCES

0.17

0.014

36k

9.2M

ANL

AMANI GOLD

0.17

0.007

140k

9.7M

KSN

KINGSTON RESOURC

0.14

0.024

2M

25.7M

KTD

KEYTONE DAIRY CO

0.14

0.54

177k

71.3M

CT1

CCP TECHNOLOGIES

0.13

0.017

33k

6.1M

SBR

SABRE RES

0.13

0.009

263k

3.3M

RHT

RESONANCE HEALTH

0.12

0.028

86k

10.1M

ZNO

ZOONO GROUP

0.12

0.085

36k

12.4M

LPD

LEPIDICO

0.12

0.019

100k

57.1M

GOING DOWN

Crowd Mobile (ASX:CM8) lost 25 per cent before midday, dropping to an intraday low of 3c after closing at 4c yesterday.

Yesterday the company said “head winds” had impacted revenues and profits for one of its business divisions and today it announced a share purchase plan to raise up to $700,000.

Here are the worst performing ASX small cap stocks at 12.15pm Thursday November 8: